EU citizenship


Buying Property in Cyprus

Buying Property in Cyprus

Who needs permission to buy property in Cyprus?Non-Cypriot persons wishing to purchase property in Cyprus must submit a written application to the Council of Minister after signing the contract of sale. As long as this is done within a reasonable time, moving into the property is allowed. In most cases permission is just a formality if you meet the criteria that the Cypriot Government has in place. Legal entities controlled by citizens of the EU require permission to buy immovable property unless they have their headquarters in the country.Who does not need permission to buy property in Cyprus?EU citizens who are permanent residents in Cyprus do not require permission to buy immovable property and they can register multiple properties provided they stay in the country for the following 5 years.EU companies that have their headquarters and registered offices in Cyprus do not require permission to buy immovable property.


Get Cypriot Passport in 6 Months

Get Cypriot Passport in 6 Months

If you have €2 million to invest you can easily obtain a Cypriot Passport and in turn become a citizen of the European Union. The investment program initiated by the Cypriot Government offers unique advantages for those who want to invest in Cyprus and you could get your initial investment back in just three years. There are no language requirements and dual citizenship is permitted. Prior to naturalization, the applicant must possess a residency permit in the Republic of Cyprus for a period of at least six months. With a Cypriot passport you will have full EU rights which include work, study and travel as well as the freedom to reside in any European Union country. You will automatically have free Visa travel to 156 countries worldwide. Citizenship is granted to your whole family who would also have inheritance rights. Once the criteria are met it takes up to 6 months for approval.